vat percentage
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2010
1 have 2 products say A and B.
A is exempted from tax costing Rs.1 per unit ( book )
B has a tax of 13.5% per unit costing 40 per unit.
If i make an MRP of Rs.40 to product A and offer product B free with it , is there any problem ?
A is exempted from tax costing Rs.1 per unit ( book )
B has a tax of 13.5% per unit costing 40 per unit.
If i make an MRP of Rs.40 to product A and offer product B free with it , is there any problem ?
CMA Ramesh Krishnan
(Expert)
31 August 2010
what is your exact query?
CMA Ramesh Krishnan
(Expert)
02 September 2010
VAT is applicable on taxable goods, even you are giving free of cost
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